IPOPEMA Securities

What IPOPEMA Securities does

IPOPEMA Securities S.A. is an independent Polish brokerage house headquartered in Warsaw (ul. Próżna 9, 00-107 Warszawa), licensed by the Polish financial regulator (KNF, formerly KPWiG) on June 30, 2005, and operating under ISO/IEC 27001:2022 and ISO/IEC 27701 certifications. It is the dominant entity of the IPOPEMA capital group, which also includes IPOPEMA TFI (asset management), IPOPEMA Business Consulting, and IPOPEMA Financial Advisory. Over more than 20 years it has completed over 180 transactions with an aggregate value exceeding PLN 50 billion.

The firm operates four principal service lines: (i) retail and institutional brokerage, including online account access via online.ipopema.pl for trading equities, bonds, and ETFs on the Warsaw Stock Exchange and international markets; (ii) investment banking covering equity and bond issuances, M&A advisory (notably via its membership in Mergers Alliance), and financial restructuring; (iii) distribution of structured certificates and investment fund certificates, including Express Certificates on PZU shares issued by Raiffeisen Bank International and Eques TFI fund certificates; and (iv) equity research covering companies listed on the Warsaw Stock Exchange and the wider CEE region. In June 2026 the firm launched IPOPEMA Private Investments, a dedicated wealth management sub-brand for affluent and high-net-worth clients.

Revenue is generated through brokerage commissions (transaction-fee model), investment banking advisory fees (professional services model), placement fees on structured products and investment fund certificates (affiliate/distribution model), and recurring advisory fees on the Private Investments mandate. Customer concentration spans three primary segments — private individuals, corporate issuers, and institutional investors — with no publicly disclosed pricing. The firm is privately held, with no identified parent company, venture or private equity backing, and no public market listing on the Warsaw Stock Exchange.

Name

IPOPEMA Securities

Legal name

IPOPEMA Securities S.A.

Website

https://ipopemasecurities.pl

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

IPOPEMA Securities is an independent Polish brokerage house providing retail and institutional brokerage, investment banking (issuances, M&A, restructuring), structured product distribution, and wealth management to private, corporate, and institutional clients in Poland and the CEE region.

Ownership category

akta.pro rank

Product category

Brokerage and Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

IPO & Public Markets Advisory (BPAHADAH)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Secondary Offerings & Share Sales (Secondary Placements) (FSACAAAG)

Keywords

• Brokerage services
• Investment banking
• Wealth management
• Capital markets
• Securities trading

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Brokerage Services: Commissions from securities trading on public markets including stocks, bonds, ETFs and other instruments for private and institutional clients.
2. Investment Banking: Advisory fees from equity and bond issuance, M&A transactions, and financial restructuring for corporate clients.
3. Structured Products Distribution: Distribution of structured certificates and investment fund certificates, earning placement fees.
4. Investment Advisory: Advisory services for private clients on investment products.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

IPOPEMA Securities is an independent Polish brokerage house providing brokerage accounts, investment products, and investment banking services to private, corporate, and institutional clients on the Warsaw Stock Exchange and broader CEE markets. Private clients access brokerage accounts, structured certificates, investment fund certificates, and investment advisory; corporate clients use equity and bond issuance advisory, M&A, financial restructuring, shareholder register, and private market services; institutional clients access equity and bond execution services and analytical research.

Product overview

IPOPEMA Securities is an independent Polish brokerage and investment banking firm operating as a single unified platform with multiple service lines. The core offering includes brokerage accounts with GPW (Warsaw Stock Exchange) access for private clients, complemented by investment products (open and closed-end funds, structured certificates). For corporate clients, the firm provides investment banking services including equity and bond issuances, M&A advisory, and financial restructuring. Institutional clients receive brokerage services for equities and bonds trading, along with analytical research on CEE-listed companies. The IPOPEMA Private Investments sub-brand targets wealth management for affluent clients. Supporting services include shareholder registry management and private market services. The product portfolio integrates these components to serve individual, corporate, and institutional investors across public and private capital markets.

Differentiator

Problem solved

Functional benefit

Brands

• IPOPEMA Private Investments: Premium wealth management service for affluent clients, inaugurated in June 2026 with a dedicated brand launch event for high-net-worth customers

Products and services

• Brokerage Accounts (Rachunki maklerskie) Brokerage accounts giving private clients access to the Warsaw Stock Exchange for trading equities, bonds, ETFs, and other instruments.
• Investment Products (Produkty inwestycyjne) Distribution of open-ended investment funds, closed-ended investment funds, and structured certificates, along with investment advisory services for private clients.
• Equity and Bond Issuances (Emisje akcji i obligacji) Investment banking advisory for equity and bond issuances, supporting enterprises in capital market fundraising across multiple sectors.
• Mergers and Acquisitions Advisory (Fuzje i przejęcia) M&A advisory supporting clients in domestic and international merger and acquisition transactions.
• Financial Restructuring (Restrukturyzacja finansowa) Financial restructuring services supporting corporate clients at all stages of financial reorganization.
• Brokerage Services - Stocks and Bonds (Usługi brokerskie) Brokerage execution of equities, bonds, and ETFs on the Warsaw Stock Exchange secondary market and selected international markets for institutional clients.
• Research (Analizy) Analytical research reports on companies listed on the Warsaw Stock Exchange and the CEE region, distributed to institutional clients.
• IPOPEMA Private Investments Wealth management sub-brand offering personalized investment services for affluent and high-net-worth private clients.
• Shareholder Register (Rejestr Akcjonariuszy) Shareholder registry service for joint-stock and limited joint-stock companies following Poland's dematerialization requirement.
• Private Market (Rynek niepubliczny) Services for issuers and investors in the private (non-public) market, including private placements and private company services.
• PZU Express Structured Certificates (PLN and EUR) Express structured certificates linked to PZU stock, issued by Raiffeisen Bank International AG, offered in PLN and EUR denominations to private clients via IPOPEMA Securities.
• Eques Akumulacji Majątku FIZ Investment Certificates Investment certificates of the Eques Akumulacji Majątku FIZ closed-ended investment fund managed by Eques TFI, distributed by IPOPEMA Securities.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• Mergers AlliancecoreStrategic or Co-development PartnerIPOPEMA Securities is a member of Mergers Alliance, a global M&A network that connects the firm with international transaction opportunities and partners.
• IPOPEMA TFIcoreOthersPart of of the IPOPEMA Group - IPOPEMA TFI (Asset Management Company).
• IPOPEMA Business ConsultingcoreOthersPart of the IPOPEMA Group - business consulting services.
• IPOPEMA Financial AdvisorycoreOthersPart of the IPOPEMA Group - financial advisory services.
• Raiffeisen Bank International AGcoreChannel Partner/ Reseller/ DistributorIPOPEMA distributes structured certificates issued by Raiffeisen Bank International AG, including Express Certificates on PZU shares in PLN and EUR currencies.
• Eques TFIcoreChannel Partner/ Reseller/ DistributorIPOPEMA distributes investment certificates of Eques Akumulacji Majątku FIZ fund managed by Eques TFI.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Biuro Maklerskie Pekao (Pekao IB): Brokerage and investment banking arm of Bank Pekao, one of Poland's largest banks. Overlaps with IPOPEMA on equity/bond issuances, brokerage, and M&A advisory for Polish corporate clients, but operates with significantly larger scale and balance sheet.
• Erste Group Bank (CEE Brokerage): Austrian-headquartered bank with significant CEE brokerage and investment banking operations across the same region IPOPEMA serves. Competes for cross-border M&A mandates and CEE equity research distribution.
• Santander Brokerhouse (Santander Bank Polska): Brokerage and IB arm of Santander Bank Polska, providing retail brokerage, ECM, and M&A services. Comparable product mix to IPOPEMA but with captive retail client base and parent-group balance sheet backing.
• ING Bank Śląski (Brokerage): Polish subsidiary of ING Group with active brokerage and capital markets operations. Overlaps with IPOPEMA on WSE brokerage, ECM, and corporate advisory for mid-cap Polish corporates.
• PKO Bank Polski (DM PKO BP): Poland's largest bank with a fully integrated brokerage house serving retail, corporate, and institutional clients. Competes with IPOPEMA across all major service lines but from a position of dominant scale.
• mBank (Brokerage House): Polish universal bank with one of the most active in-house brokerage and investment banking franchises on the WSE. Competes with IPOPEMA across retail brokerage, ECM, and M&A but at meaningfully larger scale and with a captive banking distribution base.

Direct peers

• Trigon: Polish-domestic investment bank and brokerage specializing in ECM, M&A advisory, and brokerage on the Warsaw Stock Exchange. Highly comparable to IPOPEMA in target client base (Polish corporates and institutionals) and product mix (capital markets advisory and brokerage).
• Wood & Company: CEE-focused independent brokerage and investment bank with deep Warsaw Stock Exchange coverage. Directly comparable to IPOPEMA in independent positioning, ECM/DCM execution, and CEE institutional research.
• Copernicus Securities: Independent Polish brokerage and advisory firm serving institutional and corporate clients on the Warsaw Stock Exchange. Directly comparable to IPOPEMA in independent positioning and mid-cap Polish ECM/brokerage focus.

Others

• Raiffeisen Bank International AG: Austrian-headquartered bank and issuer of structured products (PZU Express Certificates) that IPOPEMA distributes. Adjacent rather than directly competitive — included because it is a core IPOPEMA distribution counterparty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ipopema-securities

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPOPEMA Securities